Gospel Mission Aviation Inc
- Assets
- $140.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ooltewah, TN
- Founding
- 01/2015
- Data as of
- 12/2023
- EIN
- 47-2175438
Organization Overview
Gospel Mission Aviation Inc is located in Ooltewah, TN. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gospel Mission Aviation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Gospel Mission Aviation Inc generated $115.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $150.0k during the year ending 12/2023. While expenses have increased by 15.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2023 GOSPEL MISSION AVIATION SERVED REMOTE COMMUNITIES IN THE CENTRAL MOUNTAINS AND NORTHWEST JUNGLE OF BOLIVIA OFFERING FREE GENERAL MEDICINE, DENTAL AND PHYSICAL THERAPY TREATMENT THROUGH OUR BOLIVIAN MEDICAL STAFF. A COMMUNITY HEALTH CENTER WAS MAINTAINED IN THE TOWN OF INDEPENDECIA PROVINCIA AYOPAYA DEPARTAMENTO COCHABAMBA BOLIVIA TO TREAT PATIENTS WITH PREVENTABLE DISEASES AND PROVIDE COMMUNITY EDUCATION IN PHYSICAL AND MENTAL HEALTH THROUGH WEEKLY PRESENTATIONS IN THE PUBLIC SCHOOL SYSTEM AND BY LOCAL RADIO BROADCAST. TWO WHEELCHAIR-BOUND WOMEN FROM THE INQUISIVI PROVINCE IN THE MOUNTAINS BETWEEN COCHABAMBA AND LA PAZ, BOLIVIA WERE HOSTED IN THE TOWN OF CAPINOTA FOR AN INPATIENT REHAB PROGRAM INCLUDING FREE PHYSICAL THERAPY, HYDROTHERAPY AND NUTRITIONAL THERAPY FOR THEIR SPINAL INJURIES. GOSPEL MISSION AVIATION, INC. ALSO MADE A GRANT IN THE FORM OF AN AIRCRAFT PROJECT WORTH $32,0000 WITH IT'S REPAIR EXPENSE ACCOUNT OF $10,000 TO ANGELONE INC, FOR REPAIR AND USE IN HUMANITARIAN AND MISSION SERVICE IN THE PHILIPPINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jodi Knott Assistant Treasurer/ Communications Manager | 5 | $0 | |
Mary Knott Secretary And Board Member | 1 | $0 | |
Dosung Kim Board Member | 0.5 | $0 | |
Barry Benton Treasurer | 1 | $0 | |
David J Knott President, Board Member And Program Manager | 45 | $25,400 | |
Steven Wilson Board Member | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,259 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,272 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,343 |
| Professional fees and other payments to independent contractors | $1,593 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $79,044 |
| Total expenses | $149,980 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,461 |
| Other assets | $0 |
| Total assets | $140,215 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,215 |